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Whipple Industries Is Considering the Acquisition of the Blanchard Company

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Whipple Industries is considering the acquisition of the Blanchard Company in a stock-for stock exchange.Selected financial data for the two companies is shown below.No synergy is expected in this merger.
Whipple Industries is considering the acquisition of the Blanchard Company in a stock-for stock exchange.Selected financial data for the two companies is shown below.No synergy is expected in this merger.   Determine the post-merger earnings per share if the Blanchard company shareholders accept an offer of $22 per share in a stock-for-stock exchange. A) $2.85 B) $3.175 C) $3.13 D) $1.75
Determine the post-merger earnings per share if the Blanchard company shareholders accept an offer of $22 per share in a stock-for-stock exchange.


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